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Tesla is playing a brutal price game of "how low can you go" with its Chinese EV rivals

Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining sales. Tesla vehicles sitting on the lot at a Tesla d.....»»

Category: smallbizSource: nytApr 23rd, 2024

Tesla cuts price for China-made Model 3 vehicles before delivery

U.S. electric vehicle maker Tesla Inc cut the starting price for its China-made Model 3 sedans by 16% to 299,050 yuan ($42,919) after receiving Chinese subsidies for electric vehicles, according to its China website......»»

Category: topSource: reutersJan 3rd, 2020

The Ratings Game: Tesla’s stock rises after analyst hikes price target above $500

Shares of Tesla Inc. started the new year the way they ended 2019, with a rally, as some analysts expressed optimism regarding the upcoming release of the electric vehicle maker’s fourth-quarter production and delivery data......»»

Category: topSource: marketwatchJan 2nd, 2020

EU"s Vestager says Google"s antitrust proposal not helping shopping rivals

Alphabet unit Google's proposal to create a level playing field for price comparison shopping rivals to stave off fresh fines has not led to more traffic for its competitors, Europe's antitrust chief said on Thursday......»»

Category: topSource: reutersNov 7th, 2019

Tesla Will Sell Its Chinese-Made Model 3 For 13% Less Than Its Imported Version

On Friday, Tesla said it was going to price its Chinese-made Model 3 st.....»»

Category: blogSource: zerohedgeMay 31st, 2019

The Ratings Game: Nio stock tanks after downgrade, ‘weak’ sales forecast

Nio Inc.’s American depositary receipts fall more than 6% Wednesday on the heels of a downgrade from B. of A. Merrill Lynch analysts, who forecast “weak” orders for the Chinese electric-car maker and more competition from Tesla Inc......»»

Category: topSource: marketwatchMay 29th, 2019

Tesla Set to Price China-Built Model 3, Make Changes to California Assembly Line

Tesla has revealed that it will begin taking orders on May 31 for its Shanghai-built Model 3 for the Chinese market. The company is also expected to build its new Model Y SUV/crossover at its plant........»»

Category: blogSource: 247wallstMay 29th, 2019

Tesla unveils Model Y as electric vehicle race heats up, price starts at $39,000

Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that will face competition from European car makers rolling out their own electric rivals......»»

Category: topSource: reutersMar 15th, 2019

The Ratings Game: Tesla stock headed to $200 or $400? Morgan Stanley may have the answer

Tesla Inc. stock is at a crossroads, and the Silicon Valley car maker is the “ultimate high-risk” concern in autos, Morgan Stanley says, as its analysts cut their price target for the company’s shares......»»

Category: topSource: marketwatchApr 18th, 2018

These golf carts cost more than a Porsche. Price: $250,000

As carmakers race to sell glitzy new models to wealthy Chinese, the old-fashioned golf cart is the hottest buy in one corner of Hong Kong, with prices topping those of a Tesla Model S and Porsche’s Boxster sports cars......»»

Category: topSource: moneycentralApr 17th, 2018

These golf carts cost more than a Porsche. Price: $250,000

As carmakers race to sell glitzy new models to wealthy Chinese, the old-fashioned golf cart is the hottest buy in one corner of Hong Kong, with prices topping those of a Tesla Model S and Porsche’s Boxster sports cars......»»

Category: topSource: moneycentralApr 17th, 2018

The Ratings Game: Tesla stock is due for a 36% slide, says Goldman Sachs

Known Tesla bear keeps its sell rating on Tesla shares and dials down its price target on the stock to $195, implying a 36% downside......»»

Category: topSource: marketwatchApr 10th, 2018

The Ratings Game: A long-time Tesla bull just slashed his price target on the stock

Tesla stock falls after analysts at Morgan Stanley cut their price target on the stock by more than 20%......»»

Category: topSource: marketwatchMay 15th, 2018

Tesla Buyers in China Are Early Casualties in Trade Wrestle

Price listings on Tesla’s Chinese website increased by nearly 20% this weekend. It came after the U.S. and China imposed tit-for-tat tariffs on $34 billion of each other’s goods......»»

Category: smallbizSource: wsjJul 9th, 2018

Samsung borrows from Chinese playbook in battle for India"s smartphone market

Sometimes keeping ahead of the game means learning some tricks from rivals - a strategy Samsung Electronics Co Ltd hasn't been too proud to adopt in India where Xiaomi Corp and other Chinese brands have made hefty inroads......»»

Category: topSource: reutersAug 1st, 2018

Huya stock falls after Goldman Sachs starts coverage with neutral rating

Shares of Chinese game-streaming company Huya Inc. are down 1% in Friday morning trading after Goldman Sachs analyst Piyush Mubayi initiated coverage of the stock with a neutral rating and $34 price target. "We believe the .....»»

Category: topSource: marketwatchAug 3rd, 2018

Why Changyou.com Limited Stock Lost 18.2% in July

The Chinese video game publisher's share price is down roughly 60% year to date......»»

Category: topSource: foxnewsAug 4th, 2018

Two U.S. airlines cut China routes as state-backed rivals turn up heat

Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets......»»

Category: topSource: reutersAug 22nd, 2018

Power Drain: Tesla Rival NIO Raises $1 Billion in Underwhelming IPO

Chinese electric-vehicle maker NIO priced its U.S. initial public offering near the bottom of its indicative price range, placing a $6.42 billion valuation on the Shanghai-based company that has billed itself as an emerging rival to Tesla......»»

Category: smallbizSource: wsjSep 12th, 2018

"China"s Tesla" A Dud: Breaks For Trading Below IPO Price

There was a lot of anticipation ahead of today's IPO of NIO, a flashy Chinese start-up called "China's Tesla", which predictably hopes to rival Tesla in China, and which planned to raise around $1 billion in its US initial public offering – the first.....»»

Category: blogSource: zerohedgeSep 12th, 2018

The Ratings Game: GM plan is good for GM—and it could shake up things at Tesla and Ford too

GM’s cost-cutting plan gets praise, and some on the Street see sweeping implications for rivals Ford and Tesla......»»

Category: topSource: marketwatchNov 28th, 2018